Bill > SB600

This bill adds a new section to Arkansas state law that regulates contract jurisdiction for certain transactions involving Arkansas residents. Specifically, the bill mandates that if an Arkansas resident (defined as an individual, not a corporate entity) enters into a contract within the state for purchasing or financing real or personal property valued at $100,000 or less - and in the case of personal property, only if it is used as a dwelling unit - then Arkansas law will govern the transaction and any related litigation must be conducted within the state's jurisdiction. This provision overrides any conflicting contractual language, effectively protecting Arkansas residents by ensuring that they can pursue legal actions related to certain property purchases in their home state, regardless of what alternative jurisdictional clauses might be included in the original contract. The bill appears designed to provide additional legal protections for individual residents when entering into relatively modest property transactions.

Justice

https://arkleg.state.ar.us/Bills/Detail?id=sb600&ddBienniumSession=2025%2F2025R